Economy News

AUS Professor’s Research on Smart cities and IoT-based platforms contributes to United Nations’ Sustainable Development Goals

American University of Sharjah (AUS) continues its commitment to research that positively impacts society, as renowned professor and researcher Dr. Abdul-Rahman Al-Ali publishes research on smart cities applications and...

UAE Launches ‘Naseej’ Initiative to Advance Textile Circularity and Reduce Waste

The United Arab Emirates (UAE) has launched Naseej, the National Initiative for Textile Circularity, marking a significant step...

NCTO Supports Congressional Push for Stronger US Textile Customs Enforcement

The National Council of Textile Organizations (NCTO) has welcomed a bipartisan effort in the US House of Representatives...

GID Textile Egypt Targets $500 Million in Exports with Major Expansion Plans

Egypt is set to strengthen its position as a regional textile manufacturing hub as GID Textile Egypt Group...

India–Oman CEPA Opens New Export Opportunities for Textile and Apparel Industry

The implementation of the India–Oman Comprehensive Economic Partnership Agreement (CEPA) is expected to provide a significant boost to...

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Saudi Arabia to sell 1% of Aramco to foreign investor: MBS

Saudi Arabia is in discussions to sell 1% of state oil firm Saudi Aramco to a leading global energy company, the kingdom’s crown prince...

Preferential trade deal expansion priority for Turkey, Iran

Finalizing ongoing negotiations with Iran for the expansion of the Preferential Trade Agreement is a priority for Turkey, Energy and Natural Resources Minister Fatih...

250 participants take part in virtual textile expo

‘Textile Exchange 2021,’, a business to business platform, saw more than 250 participants at its two-day virtual expo that concluded on Saturday. Hosted by...

Uzbekistan joins EU’S GSP+ arrangement

Uzbekistan has gained privileges for duty-free exports to the EU through GSP Plus scheme. It came into force on April 10, the Ministry of...

Tunisia: reported investment in industry down 27.3% in Q1 2021

Reported investments in the industrial sector have dropped by 27.3% in the first quarter (Q1) of 2021, to 724 million dinars (MD) compared to...

Zimbabwe: Global Fund Invites Govt to Apply for U.S.$75 Million Grant Access

By Alois Vinga International financier, Global Fund (GF) has invited Zimbabwe to submit a funding request in order to access the US$75 million Covid-19 Response...

Turkey, Egypt to benefit from cooperation on East Med

As Ankara and Cairo adopt a more reconciliatory tone and are scheduled to meet next month, experts point out that cooperation in the Eastern...

Morocco Second Largest African Investor in France in 2020

Rabat – In 2020, Morocco became the second biggest African investor in France, representing a 0.5% share of France’s total foreign investment. According to Foreign...

India-UAE-Israel trilateral trade could reach $110 bn by 2030

Tapping into the mutual strengths of India, Israel and the United Arab Emirates could propel the trilateral trade among these nations to $110 billion...

Exclusive exhibition of Iranian products to be held in Sulaymaniyah

TEHRAN- An exclusive exhibition of Iranian products is planned to be held in Sulaymaniyah of Iraqi Kurdistan in late May. Iran had also held an...
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